Jesse Dalton

I'm a tax partner based in London advising clients on a wide range of transactional and structuring corporate tax matters.

I am a dual-qualified lawyer and chartered accountant. I advise on corporate tax matters, with a particular focus on M&A (including W&I), finance, intra-group reorganisations and structuring of commercial agreements. I have a strength in international tax and complex contractual drafting. I have significant experience advising clients in the Technology sector (including on the taxation of intellectual property and cryptoassets) as well as the Media, Entertainment and Sport sector (including advising on non-resident entertainers withholding tax issues).

I advise a wide range of international clients, ranging from large multinationals, founders, individual sellers, investors, insurers, banks, partnerships, and non-profit organisations.

My experience includes:
• M&A – from pre-sale structuring (holdco planning, hive downs, debt and equity funding, VAT recovery on deal costs) to implementation of corporate, joint venture and other transactions (negotiating tax provisions and documents) to post-sale reorganisations;
• reorganisations – such as corporate group simplifications and restructuring to utilise tax attributes;
• commercial – such as tax structuring of outsourcing, broadcasting, distribution and supply contracts;
• corporate finance – such as tax efficient structuring of debt and equity, including distributions, repayments, grouping and tax relief considerations;
• international tax – such as inbound investment (involving entity classification and management of tax residence and permanent establishment), outbound expansion, cross-border lending and service provision; and
• finance – from vanilla lending through to securitisations.

Clients have said that what sets me apart is my ability to communicate difficult concepts effectively to general counsel and business alike, which enables issues to be understood, options to be clarified and decisions to be made quickly and without fuss. My accounting background helps me add value (especially in the many areas of tax impacted by GAAP) and allows me to more easily speak the language of CFOs and business divisions.

I embrace opportunities to understand a client's business and fully engage with them on the issue like a member of their extended team.

• Warner Bros. Discovery and Liberty Global PLC on GBP1.15B sale of All3Media to Redbird IMI.
• Ooredoo, a listed Qatari Group, on its joint venture with Zain Group and TASC Towers Holding with a combined enterprise value of USD2.2B.
• Warner Bros. Discovery on its 50/50 joint venture with BT Group combining the assets of BT Sport and Eurosport UK.